REPUBLIC ACT NO. 3121 - AN ACT GRANTING THE MUNICIPALITIES OF SILAGO, CABALIAN, SOGOD, MALITBOG, SAN FRANCISCO, LILOAN AND BONTOC, ALL IN THE PROVINCE OF SOUTHERN LEYTE, A FRANCHISE EACH TO INSTALL, OPERATE AND MAINTAIN AN ELECTRIC LIGHT, HEAT AND POWER SYSTEM
|Section 1. Subject to the
terms and conditions established in Act Numbered Thirty-six hundred and
thirty-six, as amended by Commonwealth Act Numbered One hundred and
thirty-two, and to the provisions of the Constitution, there is granted
to the municipalities of Silago, Cabalian, Sogod, Malitbog, San
Francisco, Liloan and Bontoc, all in the Province of Southern Leyte,
for a period of twenty-five years from the approval of this Act, the
right, privilege and authority to construct, operate and maintain an
electric light, heat and power system each for the purpose of
generating and distributing electric light, heat and/or power for sale
within their territorial jurisdiction. |
Sec. 2. In the event that the grantee shall purchase and secure from the National Power Corporation electric heat and power, the National Power Corporation is hereby authorized to negotiate and transact for the benefit and in behalf of the public consumers with reference to rates.
Sec. 3. This Act shall take effect upon its approval.
Approved: June 17, 1961